Will Cove Point LNG Plant Goose Royalties for Landowners?

With the final recent approval for Dominion’s Cove Point, Maryland LNG export facility, the plant should go online sometime in 2017 (see Dominion Gets Final Fed Approval to Build Cove Point LNG Plant). Question: Will that one, single plant sop up enough Marcellus (and Utica) methane to raise the price of shale gas in the northeast and correspondingly raise the amount of royalties received by landowners? According to the executive director of the West Virginia Oil and Natural Gas Association, that answer would be “yes”…

Please Login to view this content. (Not a member? Join Today!)
You do not have permission to view the comments.

Please Login to post a comment